McGraw-Hill Education Establishes First-Ever “Pay-For-Performance” Business Model In Partnership With Western Governors University

Ann McClure's picture

McGraw-Hill Education and Western Governors University (WGU) today announced a landmark agreement to establish a “pay-for-performance” model in which McGraw-Hill will receive variable compensation for those WGU students who use MHE technology and services for a particular course and pass.

Through the partnership, McGraw-Hill Education will provide e-books and access to industry-leading adaptive learning tools including McGraw-Hill LearnSmart to Western Governors University’s (WGU) online courses. Under this new pricing structure, the university will pay a significantly discounted flat fee for McGraw-Hill’s course materials. In addition, WGU will pay McGraw-Hill a premium for each student who uses the materials and passes the course (a passing grade at WGU is equivalent to a letter grade of “B” or better). Through this new pay-for-performance model, universities and learning companies share in the accountability for student success and students gain access to premium educational materials while keeping costs low.

Read more

UBTech Conference, June 15-17, Orlando, FL

Learn more & register